AIB to hold internal inquiry into overcharging

INTERNAL disciplinary action may be taken against AIB employees believed to have been named in the Deloitte probe into the €34 million foreign exchange overcharging scandal.

It is still unclear however whether names will be named by the time the process is finally concluded, sometime before the year end.

This possibility strengthened yesterday when the bank appointed a high powered committee of senior directors to oversee its response to the overcharging scandals.